Home/Filings/4/0001140361-16-074368
4//SEC Filing

HAMPTON ROADS BANKSHARES INC 4

Accession 0001140361-16-074368

CIK 0001143155operating

Filed

Aug 1, 8:00 PM ET

Accepted

Aug 2, 3:00 PM ET

Size

16.5 KB

Accession

0001140361-16-074368

Insider Transaction Report

Form 4
Period: 2016-07-29
Davis Ronald E.
Chief Risk Officer
Transactions
  • Award

    Option (right to buy)

    2016-07-29+33,00033,000 total
    Exercise: $0.83Exp: 2022-02-22Common Stock (33,000 underlying)
  • Award

    Warrant

    2016-07-29+30,62430,624 total
    Exercise: $2.62Exp: 2019-05-07Common Stock (30,624 underlying)
  • Award

    Option (right to buy)

    2016-07-29+107,184107,184 total
    Exercise: $2.62Exp: 2019-05-07Common Stock (107,184 underlying)
  • Award

    Common Stock

    2016-07-29+120,436120,436 total
  • Award

    Option (right to buy)

    2016-07-29+22,00022,000 total
    Exercise: $1.03Exp: 2021-04-03Common Stock (22,000 underlying)
  • Award

    Option (right to buy)

    2016-07-29+76,56076,560 total
    Exercise: $0.95Exp: 2022-08-14Common Stock (76,560 underlying)
Footnotes (6)
  • [F1]Received in exchange for 27,372 shares of Xenith Bankshares, Inc. ("Legacy Xenith") pursuant to the terms of the Agreement and Plan of Reorganization, dated as of February 10, 2016 (the "Merger Agreement"), between Legacy Xenith and Hampton Roads Bankshares, Inc., Legacy Xenith was merged with and into Xenith Bankshares, Inc. (previously, Hampton Roads Bankshares, Inc., "New Xenith"). On the effective date of the merger, the closing price of Legacy Xenith's common stock was $8.90 per share, and the closing price of New Xenith's common stock was $2.05 per share.
  • [F2]These options were converted from options to purchase 24,360 shares of Legacy Xenith common stock for $11.49 per share pursuant to the terms of the Merger Agreement and were fully exercisable.
  • [F3]These options were converted from options to purchase 5,000 shares of Legacy Xenith common stock for $4.50 per share pursuant to the terms of the Merger Agreement and were fully exercisable.
  • [F4]These options were converted from options to purchase 7,500 shares of Legacy Xenith common stock for $3.61 per share pursuant to the terms of the Merger Agreement and were fully exercisable.
  • [F5]These options were converted from options to purchase 17,400 shares of Legacy Xenith common stock for $4.15 per share pursuant to the terms of the Merger Agreement and were fully exercisable.
  • [F6]This warrant was converted from a warrant to purchase 6,960 shares of Legacy Xenith common stock for $11.49 per share pursuant to the terms of the Merger Agreement and was immediately exercisable.

Documents

1 file

Issuer

HAMPTON ROADS BANKSHARES INC

CIK 0001143155

Entity typeoperating
IncorporatedVA

Related Parties

1
  • filerCIK 0001143155

Filing Metadata

Form type
4
Filed
Aug 1, 8:00 PM ET
Accepted
Aug 2, 3:00 PM ET
Size
16.5 KB